Why is R R Kabel falling/rising?

As of 18-Jul, R R Kabel Ltd's stock price is currently at 1,467.90, reflecting an increase of 7.9 points or 0.54%. The stock has shown strong performance recently, gaining 10.29% over the past week and 11.09% over the past month, significantly outperforming the Sensex, which has declined by 0.90% in the same week and increased by only 0.38% in the past month. Today's trading session has seen the stock open with a gain of 2.63%, reaching an intraday high of Rs 1523.05, and it has been on a consecutive gain streak for five days. Additionally, the stock is trading above all key moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 276.6% compared to the five-day average. The company benefits from a low debt-to-equity ratio and healthy long-term growth, with net sales increasing at an annual rate of 20.20%. However, it has faced challenges, including a significant underperformance against benchmarks over the past year and three years.
Broader market context indicates that while R R Kabel has been performing well in the short term, it has struggled in the longer term, generating a return of -17.62% over the past year compared to a modest 0.51% gain for the Sensex. Despite this, the stock's recent positive momentum can be attributed to strong quarterly results, including record net sales and operating profit margins, as well as high institutional holdings that suggest confidence from more knowledgeable investors. The overall market sentiment appears to be favorable for R R Kabel in the short term, but its historical underperformance raises questions about sustainability in the long run.